USE OF THE RESOURCES. The BENEFICIARY may use the limit of the open credit at once, or in installments, observing what is set forth in the other clauses hereof and observed the minimum value for each use of one thousand Reais (R$ 1,000.00). PARAGRAPH ONE – The use and reuse of the limit shall be made by means of request to the FINANCER or by the electronic means available, save the requirement of delivery of the PROPOSAL signed by the BENEFICIARY before the FINANCER’s branch, prefix 3221. PARAGRAPH TWO – The BENEFICIARY undertakes to, if opting for the use and reuse of the limit by electronic means, observing what is set forth in the previous Paragraph, to sign the respective Term of Adhesion to the use of the correspondent application, expressly declaring to be fully aware of the provisions set forth in the Regulation that governs its use, which is duly registered at the Notary’s Office of the 1st Registrar of Titles and Documents of Brasília under No. 345891, as of December 10, 1999, and notes, which copy it hereby declares to have received, undertaking, further, to observe it in full. PARAGRAPH THREE – The BENEFICIARY is responsible, fully and irrevocably, for the damages or losses resulting from the undue use of the password, including by its officer(s), security administrator(s) or representative(s), as well as for the breach of its respective secrecy, that may give rise to undue drafts or transfers from its current account or from any other financial operations in which it is the holder. PARAGRAPH FOUR – The BENEFICIARY acknowledges as valid the entries correspondent to the credits or debits processed electronically, as a result of the use of its access password, personal and non-transferable, for the execution of transactions related hereto, generated in its current account. PARAGRAPH FIVE - THE BENEFICIARY is aware that the transactions made available electronically are subject to time limit. These limits are determined by the FINANCER to the electronic means used, with the purpose of safeguarding the security of the BENEFICIARY. The transactions performed electronically, after the time limit determined by the FINANCER shall not be accepted for processing. PARAGRAPH SIX - FINANCER undertakes to process the transactions correctly made by the BENEFICIARY, electronically, not being responsible for any problems, including the failure to confirm payments or credits, resulting from failures in BENEFICIARY’s equipment and/or inexactness of the information provided by it. PARAG...
USE OF THE RESOURCES. Where circumstances arise that substantially affect the implementation, the description and/or the budget of any Activity approved, the Bank shall, without delay, inform the Ministry of such circumstances and the Parties shall discuss appropriate actions to be taken with a view to addressing the new circumstances.
